Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-03-10
LOTS AND LANDS.
Real Estate Transfers Still
the Leading Excitement.
A Denver. Party Provides for an
Eighty Acre Addition.

A Denver. Party Provides for an
Eighty Acre Addition.
Other Projects In Preparation
and Several More in View.
There has been an increase rather than
O diminution in real estate transactions
since last evening, though there has been
but one extensive purchase by outside
parties since our last report. Smaller
purchases sre numerous, many OF which
have fallen into possession of the re-
porters and many Others are kept con-
osaled until the time comes for recording
the papers. The cause of this sudden
rush for Ysnkton property is beyond the
comprehension Of people generally who
have led years of uneventful life in this
community. For their benefit We desire
to explain that the undoubted propelling
force is at least one railroad and probs-
bly, more. The passage Of the Yankton
bridge bill through congress stimulated
a boom and the information finally re-
ceived that the president has signed
that bill has given it
added strength. The boom
did not originate in Yankton and was
not built up by resident spectators. II
came in upon us from the outside from
all directions. Parties arriving from
the east and the north and the
south tell us that Yankton
is more talked OF abroad than it is
at home and that the general verdict is
that Yankton Is to become the great
commercial metropolis Of Dakota. This
being the outside conclusion it Is not
surprising that outside spectators rush
in to possess themselves of property.
They give no reason for their coming or
for their investments, probably pre-
ferring to keep their own business 20
themselves.
The largest transaction of the past
swenty-four hours in probable results
was the purchase last evening OF forty
acres Just east and forty acres just south
OF the insane asylum grounds. L. O.
Sheppard, of Denver, took the two
~torties, General Il. j. Campbell being
the seller. This tract is between two
and three miles from the business center
of the city. Mr.. SHEPPARD, who has
associates in the deal, will plat this
| eighty and put it on the market as an
addition to Yankton. His in
vestmen. is to be fol-
lowed by others Of q ike nature by
Omaha and Denver parties and other
additions will be created from forties
adjacent OF the cities.
The plat Of Hoele's park addition, adj
joining the fair grounds, has been for
warded to Sioux City, Mr.. O'Brien re-
tanning g copy here for sales at.this end
OF the line.
Nix. Sheppard said last evening that
several Omaha partiea. would be in Yank.
ton in the course of q week for the pur.
pose OF making Investments. They are
business friends OF his.
IT. Sargent, who owns an unplatte6
forty within a quarter OF q mile of tbs
Milwaukee depot, declines to sell snd
does not say that he will cut it up inte
lots and blocks, though he permits thai
conclusion to OCCUPY the public mind
Sargent undoubtedly has a project il
soak.
Colonel East says there will be a party
OF sp~eculatives l%ndianians in this city
very DON
A local syndicate has been organized
for the purchase OF q forty near the col.
!ege and the chief obstacle to their sue
cess is their inability to induce th,
owner OF the forty to sell. But 10
that they might all become rich.
Governor Edmunds has placed all O
his property IN the hands o
IL. M. O'Brien as agent 10
its sale. Most OF this lies ii
the artesian hill neighborhood and i
desirable.
O'Brien is to-day preparing the papers
ior the transfers-of twenty seven lots il
various portions OF the city, but is no
yet OF liberty to make public the names
This lot will aggregate about So 500.
The following are some of to-day
!, transfer all we have been able to pro
cure.
., II. J. Campbell to L. O, Shephari
eighty acres, $4,000.
Il. " Tyler TO A. f. Bartlett, six LOT
on college Hill, $4,000.
O. j. B. Harris to Phil K. Faulkz Ii
ON west Third street, 500.
: Newton Edmunds to unknown partie
seven lots in. Mobiles addition to Yanl
! on for $500.
; From e M. O'Brien's transfers-li.
we.take the following:
Lots 4, s and 6. block A.. Q Mobiles ad
dition bought by F. j. Kahn. Consit
GRAFTON $3.50.
Lots 4, 5 and 6, block "A, mobiles add
ton bought by f.. ]. Kahn and E. \
O'Brien. Consideration 1915.
Lot IL block Z, bought by j. B. Wi
COZ and John Truxes. Considerable
1925.
Tt y .od n 1/,ot & blonb 40 Noht.